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In recent research age distribution effects on the current account have been found in cross-country panel regressions. The reason is different effects on saving and investment from cohort-size variation. In a panel of annual OECD data 1960-1995, we find that the age effects on saving are similar...
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one. Also welfare and savings effects from social insurance turn out to be sensitive to assumptions about family structure … welfare and precautionary savings. …
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savings in at least one year during 1970-92 in nearly all countries in a sample of fourteen from Asia. This was the case even …
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